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    12695 National Ave New Berlin, WI 53151

    For Lease
    $10 SF/Yr

    New Berlin, WI: Versatile Industrial/Office Space

    Lot size:
    52,050 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 52,050-square-foot commercial property, located at 12695 W National Ave in New Berlin, Wisconsin, presents a unique opportunity for businesses seeking flexible and adaptable space. Built in 1995 and renovated in 1999, the property boasts a diverse range of uses, including traditional and creative office spaces, manufacturing, flex space, warehouse facilities, and R&D. The building sits on a substantial 7.305-acre lot and offers ample power (TBV). With a minimum divisible space of 17,000 square feet and a maximum contiguous space of 52,050 square feet, the property is ideal for a variety of business needs. The entire 52,050 square feet is currently vacant. Features include 16'+ ceilings, two loading docks, and approximately 393 parking stalls (7.5 spaces per 1,000 square feet). The property is zoned B-1 & B-2 (Shopping Center), offering significant flexibility. The APN is 1201-998-003. This prime location in New Berlin, WI (zip code 53151) provides excellent access to transportation and amenities. This is a rare opportunity to secure a large, versatile space in a desirable location.

    Property Features for 12695 National Ave

    General Information

    Property type
    Life science properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    52,050 SF
    Total Rate
    43375

    Building Details

    Year Built/Renovated
    1995/1999

    Unit(s) available at that property

    Space
    Available Space
    Size
    52,000 SF
    Rate per SF
    $10

    HighLights

    • Open floor plan, adaptable to various uses.
    • Multi‑tenant conversion feasible.
    • Divisible into approximately 17,000‑square‑foot units.
    • Two loading docks, with expansion potential.
    • 16‑foot clear ceiling height.
    • 40' x 30' column spacing.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Life science properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    New Berlin
    County
    Waukesha
    State
    Wisconsin
    Longitude
    -88.071669740324
    Latitude
    42.987790845663

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    FAQs

    What type of property is this?
    Life science property - New Berlin, WI: Versatile Industrial/Office Space
    Where is this life science property located?
    The property is located at 12695 National Ave New Berlin, WI.
    What is the lease rate?
    The lease rate is $10 SF/Yr.
    What are key features of this property?
    This property features: Open floor plan, adaptable to various uses.; Multi-tenant conversion feasible.; Divisible into approximately 17,000-square-foot units.
    Request Owner's contact information
    12695 National Ave New Berlin, WI 53151
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    12695 National Ave New Berlin, WI 53151
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